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Ovum comments: SAP to buy Ariba

(PresseBox) (Köln, )
SAP AG has announced plans to buy Ariba Inc in a deal valuing the business and commerce network company at $4.3 billion (2.73 billion pounds).

Carter Lusher, chief IT analyst at Ovum, has the following comments:

"This acquisition is less about Ariba's global trading network than a "talent grab" about the business issues of cloud computing and technical insights on developing applications for the cloud. However, per Ovum's MANTRA analysis [see attached] this acquisition has many other motivations as well. These include marketplace factors like acquiring customers and revenue stream and moving into adjacent markets in addition to building block
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.